fbpx
News
May 7, 2015

SEC Moving Cases from U.S. District Courts to In-House Courts

Today’s Wall Street Journal features a story on the Securities and Exchange Commission (SEC) shifting its enforcement actions from independent U.S. District Courts to internal administrative tribunals.

Eighty percent of all actions are now brought before these tribunals, as opposed to just half four years ago. The story also notes that these tribunals rule in favor of the SEC more than 90% of the time—significantly higher than the agency’s 70% success rate in U.S. District Courts. Many are questioning the fairness of the SEC tribunals, where the prosecutors and judges are appointed by the SEC, and the full commission hears appeals.

Read the full story here.

Podcasts Episode 18: Why Federal Securities Suits Don’t Belong in State Court Securities Litigation Reform Stock data News D&O Diary Looks At 2021 Litigation Trends Securities Litigation Reform News D&O Diary Blog Calls For Congress To Take Up Securities Reforms Proposed In New ILR Briefly Securities Litigation Reform Blog D&O Diary: "Institute for Legal Reform: Congress Should Enact Reforms to Address Cyan" Securities Litigation Reform News In The News-August 16, 2021 Securities Litigation Reform

Cookie Notice

By clicking “I Accept”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

Cookie Notice

By clicking “I Accept”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. Review Settings